Charity Number 1192388 ## House of Youth Dialogue ## Accounts Unaudited Financial Statements for the Year Ended 1 June 2022 ## **House of Youth Dialogue Report and accounts Contents** ||**Page**| |---|---| |Charity information|1| |Report of the Trustees|2| |Statement of Financial Activities|3| |Balance sheet|4| |Notes to the accounts|5-7| ## **House of Youth Dialogue Company Information** ## **Directors** Ramisha Amin Tultul Md Zahid Akhand Mahmud Hasan Sefat **Registered office** Your Hive 129 Mile End Road London E1 4BG ## **Registered number** 1192388 **Charity number** 1192388 1 **House of Youth Dialogue Registered number: 1192388 Report of the Trustees** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 1 June 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES** The charity's objectives are as follows: ## **WHO THE CHARITY HELPS** The charity helps to the general public / mankind. ## **FINANCIAL REVIEW** The charity received income of £514 (2021: £350) during the year. After payment of outgoing expenses of £372 (2021: £316), the charity was left with a surplus of £142 (2021: £34). This report was approved by the board of trustees on 15 September 2022 and signed on its behalf. Ramisha Amin Tultul Chairman 2 ## **House of Youth Dialogue Statement of Financial Activities for the year ended 1 June 2022** |**Notes**
**Incoming Resources**
**Incoming resources from generated funds**
**Activities for generating funds**
1
Resource expended
Governance and other costs
**Net Incoming / (outgoing) resources**
Reconciliation of funds
Total funds brought forward
Total funds carried forward|**2021**
**2022**
**£**
**£**
350
514
(316)
(372)| |---|---| ||34
142
-
34| ||34
176| 3 **House of Youth Dialogue Registered number:** 1192388 **Balance Sheet as at 1 June 2022** |**Notes**
**Current assets**
Cash at bank and in hand
**Net current assets**
**Net assets**
**Funds**
Unrestricted funds
**Total funds**|34|**2021**
**£**
176
34
34
34
34|**2022**
**£**
176| |---|---|---|---| ||||| ||||176| ||||176| ||||176| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 01 June 2022. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 01 June 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008). Ramisha Amin Tultul Trustee Approved by the board on 15 September 2022 4 **House of Youth Dialogue Notes to the Accounts for the year ended 1 June 2022** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. ## _**Taxation**_ A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. ## _**Pensions**_ Contributions to defined contribution plans are expensed in the period to which they relate. 5 ## **House of Youth Dialogue Notes to the Accounts** **for the year ended 1 June 2022** ## **2 Other information** House of Youth Dialogue is a private company and registered charity which is incorporated in England. Its registered office is: Your Hive 129 Mile End Road London E1 4BG 6 ## **House of Youth Dialogue Detailed Statement of Financial Activities for the year ended 1 June 2022** _This schedule does not form part of the statutory accounts_ |**Incoming resources**
**Activities for generating funds**
Donations
**Total incoming resouces**
**Resouce expended**
**Administrative expenses**
General administrative expenses:
Stationery and printing
Event expense
Legal and professional costs:
Other legal and professional
Total resouce expended
**Net Income/ (expenditure)**|**2021**
**2022**
**£**
**£**
350
514| |---|---| ||**350**
**514**| ||16
10
149
194| ||165
204| ||151
168| ||151
168| ||| ||316
372| ||| ||34
142| 7